Economic profile information for Gloucestershire
Businesses
The majority of business units are small employers, with 72% of businesses in Gloucestershire employing between 1-4 people in 2006.
Although there are comparatively few large firms (0.5%) employing more than 200 people, they still employ a significant proportion (23%) of the county’s employees.
Number of Business Units in Gloucestershire
| Number of Business Units |
|---|
| Source: Annual Business Inquiry, 2006 (ONS) (NOMIS) |
| Gloucestershire |
26,700 |
|---|
| South West |
215,100 |
|---|
| Great Britain |
2,348,400 |
|---|
Productivity
GVA (£ per head) at current basic prices 2004.
GVA (£ per head) at current basic prices 2004.
| GVA per head (£) |
|---|
| Source: ONS First Release Dec 2007 |
| Gloucestershire |
19,095 |
|---|
| South West |
16,175 |
|---|
| Great Britain |
17,577 |
|---|
GDP and its Local Application – An Introduction to Gross Domestic Product and its local applications
Employment
The number of employees in Gloucestershire has shown steady growth in the last 5 years that is higher than the regional and national average.
Number of Employees in Gloucestershire
| Number of employees |
|---|
| Source: Annual Business Inquiry, 2006 (ONS) (NOMIS) |
| Gloucestershire |
251,000 |
|---|
| South West |
2,190,300 |
|---|
| Great Britain |
26,160,400 |
|---|
Self Employment
The number of self-employed people in Gloucestershire who are sixteen years and older is estimated to be around 39,900.
Number of Self Employees in Gloucestershire
| % who are self employed - 16 + |
|---|
| Source: Annual Population Survey, Apr 06-Mar 07 (ONS) (NOMIS) |
| Gloucestershire |
13.9 |
|---|
| South West |
14.6 |
|---|
| Great Britain |
13.1 |
|---|
Unemployment
The unemployment rate is an indicator of the supply of labour relative to demand within the labour market. .
Unemployment in Gloucestershire
| % of Unemployment |
|---|
| Source Claimant count: % of resident working age population ONS Crown Copyright Reserved |
| Gloucestershire |
1.5 |
|---|
| South West |
1.4 |
|---|
| Great Britain |
2.3 |
|---|
Gloucestershire Unemployment Data
Key Sectors
Key industrial sectors are identified on the basis of their potential economic performance. The key sectors are as follows:
- Advanced engineering
- Care
- Creative industries
- Construction
- Distribution
- Environmental technology
- Finance & business services
- Food supply chain
- ICT
- Leisure & tourism
- Manufacturing
- Public sector
Average Earnings
In addition to GVA, average earnings can be indicative of an area's economic prosperity.
| Gross weekly pay (£) |
|---|
| Source: Annual Business Inquiry, 2006 (ONS) (NOMIS) |
| Gloucestershire |
467.6 |
|---|
| South West |
433.4 |
|---|
| Great Britain |
459.0 |
|---|
All information and data has been sourced from GLMIU www.gloucestershire.gov.uk/glmiu .